June 4, 2022 | Daily JAM |
Inflation isn’t solely a U.S. phenomenon. Which makes the Federal Reserve’s efforts to control inflation even harder. Inflation in the European Union hit a record 8.1% in May. The spread in the nineteen country group between the country with the lowest rate of inflation (Malta at 5.6%) and the highest (Estonia at 20.1%) also rose to the widest since . The gap between the highest and lowest inflation rates among the currency bloc’s 19 members has also jumped to its widest ever since the start of the euro in 1999. Meanwhile, inflation in Turkey hit a 23-year high of an annual 73.5% in May
December 19, 2019 | Daily JAM, Mid Term, Morning Briefing |
Of course, the Reserve Bank of India didn't mean to issue a warning to all global financial markets. The minutes of the central bank's December 3-5 meeting, released today, focus on the need to hold its benchmark interest rate at 5.15% after delivering 135 basis...
October 6, 2015 | Daily JAM, Morning Briefing, Short Term |
Today the International Monetary Fund cut its forecast for global economic growth for 2015 to 3.1% from the already low previous 3.3% projected in July on slowing growth due to low commodity prices
September 24, 2015 | Daily JAM, Morning Briefing, Short Term |
Last week’s decision not to raise interest rates looks like it has come back to bite the Federal Reserve with a vengeance. The Fed has succeeded in throwing financial markets into confusion
September 5, 2015 | Volatility |
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
August 22, 2015 | Daily JAM, Mid Term, Volatility |
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
January 6, 2014 | Daily JAM, Morning Briefing |
A reminder today that financial markets in the U.S. and the rest of the world may have gotten a bit ahead of themselves recently in their optimism about economic growth for 2014. Projections for better than expected growth in the U.S. and EuroZone economies—and for stable growth in China—are just that, projections, today’s actual data demonstrates.
December 9, 2013 | Daily JAM, Morning Briefing |
Continuing last Friday’s trend—when U.S. financial markets rallied after deciding that economic growth in the United States might just be strong enough to offset any slowdown from a Federal Reserve taper—today global financial markets are rallying on optimism about the global economy after China reported a 12.7% increase in exports in November over November 2012. Economists surveyed by Bloomberg had projected a 7% gain in exports.
September 27, 2013 | Daily JAM, Morning Briefing |
Maersk Line, the world biggest container shipping company by market share, says it believes it has seen the bottom in global trade. Demand for containers will grow by 4% to 6% in 2014 and in 2015, the company forecasts.
October 20, 2012 | Uncategorized |
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
May 22, 2012 | Daily JAM, Mid Term, Morning Briefing |
According to this morning’s economic outlook from the OECD, for the developed economies as a whole, growth will fall to 1.6% in 2011 (from a not so impressive 1.8% in 2011) and then “recover” to a 2.2% growth rate in 2013. The world’s developing economies will, once again, do much better.